Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Analysis of the STD Exchange Rate
The dataset provided offers a timestamped record of the STD (Standard Deviation) exchange rate values. Here's a comprehensive exploration of the dataset based on your requirements:
1. Overall Trend:
The overall trend can be found by plotting the data on a line graph with time on the x-axis and rates on the y-axis. However, according to the data provided, the STD rate appears to maintain a consistent value of 7.0E-5 over the entire duration. There is no discernible increase or decrease over this specific period.
2. Seasonality and Recurring Patterns:
In time-series analysis, seasonality refers to predictable and repeating patterns or cycles of behavior that occur regularly over time. However, based on the dataset that we have, there seems to be no evident seasonal or repetitive pattern. The exchange rate maintains a consistent value throughout.
With the given data, there seems to be no outliers as the exchange rates didn't vary and remained consistently at 7.0E-5 over the specified period. Without any changes in the data, an 'outlier', in the true sense of the term, doesn't occur in this context.
As requested, the analysis has purely been based on the given data and does not take into consideration external factors such as the market opening/closing hours, weekends or holidays, or the impact of key financial news and reports. In addition, no predictive forecasts for the future rates have been made.
In a nutshell, the dataset exhibits a perfectly flat line, indicating a stable STD exchange rate across the provided time series data. There has been no change in the exchange rate over the given period. Thus, this analysis serves as a snapshot of an unchanging, consistent rate without any visible fluctuations, seasonal patterns, or outliers.